State of mHealth Apps Development Market 2014

I've just stumbled upon quite an interesting study on mobile healthcare app developer economics 2014 and thought it might be worthwhile to share its key takeaways with a broader audience.

Whereas mobile health (aka mHealth or m-health) isn't yet a hot topic at mobile thought leader events and conferences, it did progress along the industry hype cycle in the past 2 years, and has already entered the phase of commercialization. See for yourself:

As of Q1 2014, the number of mHealth apps launched to iTunes and Google Play has more than doubled compared to the same period 2 years ago and reached over 100,000 apps

In 2013, mHealth market revenue reached USD 2.4 billion, and is projected to grow to USD 26 billion by 2017, accounting for 0.5% share of the global healthcare market

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Vik is our Brand Journalist and Head of Online Marketing / PR with 11+ years of international experience in IT B2B. He's also a guest blog contributor to Business2community, SitePoint, Journal of mHealth, Wearable Valley and other IT portals. You can contact him directly on LinkedIn.